Dino Melaye: We Won't Be Surprised If Tinubu's Govt Starts Borrowing Loans from Opay and Moniepoint

Dino Melaye: We Won't Be Surprised If Tinubu's Govt Starts Borrowing Loans from Opay and Moniepoint

Dino Melaye, a former senator, has taunted the government of President Bola Tinubu, saying it may soon turn to Fintech operating in Nigeria for loan.

The Tinubu administration has come under intense scrutiny over borrowing.

Dino Melaye
Dino Melaye: We Won't Be Surprised If Tinubu's Govt Starts Borrowing Loans from Opay and Moniepoint
Source: Facebook

Recently, the African Democratic Congress (ADC) said the new wave of borrowing will drive Nigeria’s public debt beyond N200 trillion before the end of the year.

In a statement, National Publicity Secretary of the party, Mallam Bolaji Abdullahi, the ADC accused President Tinubu of surpassing his predecessor by mortgaging the country’s future in mountains of debts in the name of economic reform.

Speaking on ARISE Television, on Monday, Melaye accused the government of plunging Nigerians into massive hunger despite securing billions of dollars in loans.

“There is massive hunger in the land. Why is the president borrowing $1.7 billion from the World Bank? Why has the senate approved $21 billion so far with many others coming for consideration?”

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“This government is one of the most reckless governments in the history of this country. The president who said he wanted to come and curb wastages bought a yacht.

“That yacht he bought has never been to the perimeters, the territorial areas of Nigeria—it’s been between Monaco and Paris. And what do we need a yacht for in a time of austerity and pervasive hunger?

“He has borrowed like no other president in the history of the country. If you are making more money, then why are you borrowing? We will not be surprised if the president starts borrowing from Opay and Moniepoint very soon,” he said.

Source: Legit.ng

Authors:
Nurudeen Lawal avatar

Nurudeen Lawal (Head of Politics and Current Affairs Desk) Nurudeen Lawal is an AFP-certified journalist with a wealth of experience spanning over 8 years. He received his B/Arts degree in Literature-in-English from OAU. Lawal is the Head of the Politics/CA Desk at Legit.ng, where he applies his expertise to provide incisive coverage of events. He was named the Political Desk Head of the Year (Nigeria Media Nite-Out Award 2023). He is also a certified fact-checker (Dubawa fellowship, 2020). Contact him at lawal.nurudeen@corp.legit.ng or +2348054399455.

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